Snipp Interactive Inc. (OTCQB: SNIPF) (TSX-V: SPN), a global provider of digital marketing promotions, rebates and loyalty solutions, today announced that it has signed a Master Services Agreement (“MSA”) with CLS HOLDINGS USA, (“CLS”) who is in the process of finalizing its purchase of Oasis Cannabis a "seed to sale" company focusing on Cultivation, Production and Dispensaries. CLS showed interest in the Company’s solutions by signing up on its recently launched Cannabis Marketing Resource Center (“CMRC”).
In addition, CLS is the developer of a proprietary patent-pending extraction and conversion methodology that has potential to increase yield and quality of cannabinoid oils extracted from cannabis plants. CLS is in the process of expanding its business strategy to include cultivation, production, and retail dispensaries, and is currently in the process of acquiring Oasis Cannabis, a licensed Las Vegas based vertically integrated cannabis company. To learn more visit https://www.clsholdingsinc.com
Snipp will, pursuant to the MSA, implement a customer retention and management platform covering all CLS locations across Snipp’s, SnippCheck, SnippRewards and SnippLoyalty platforms. Snipp will leverage the accumulated knowledge and deep expertise it has acquired in designing and launching marketing programs in other highly regulated industries like Pharma, Alcohol and tobacco to help CLS run effective and legally compliant promotion and loyalty programs to meet their marketing objectives.
“We have explored a number of loyalty platforms and after extensive review and consultation with Snipp have concluded that Snipp’s robust and highly flexible platform allows us to deploy a system that we can leverage as we grow the CLS platform” said Jeff Binder, CEO of CLS.
“We are energized by the interest received in our platform and expertise by entities in the cannabis industry. Clearly there is a need that is currently unmet for flexible marketing solutions that can be leveraged across the industry ecosystem and we hope to be the go to resource that fills that need. CLS is a great example of a forward looking company that intends to run a vertically integrated business that is already thinking through the finer points of their future business and operating model” said Atul Sabharwal, CEO of Snipp.
Visit the Snipp website at http://www.snipp.com/ for Snipp’s full suite of solutions and examples of Snipp programs.
For those interested visit http://www.snipp.com/cmrc to sign up for Snipp’s Cannabis Marketing Resource Center to gain valuable marketing insights on attracting and retaining customers.
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